MCQs Based On Political Science- (19)

Correct Option: 4. Financial bill (II) includes the matter mentioned in Article 110
Explanation : Financial bill (II) does not includes the matter mentioned in Article 110, it contains provision involving expenditure from the Consolidated Fund of India. Whereas Financial bill (I) includes all the Matters mentioned in Article 110 (Money Bill) along with other financial matters of the Government.
Here’s a comprehensive comparison of Money Bill, Financial Bill (I), and Financial Bill (II) under the Indian Constitution:
Money Bill (Article 110)
1. Deals exclusively with taxation, government borrowing, and financial matters.
2. Can only be introduced in Lok Sabha.
3. Requires President’s prior recommendation.
4. Speaker’s decision on its classification is final.
5. Rajya Sabha cannot amend or reject; can only recommend changes.
Financial Bill (I) (Article 117(1))
1. Includes provisions related to money bills and other financial matters.
2. Can only be introduced in Lok Sabha.
3. Requires President’s prior recommendation.
4. Speaker’s certification implicit with Presidential approval.
5. Rajya Sabha can suggest changes, but Lok Sabha has final say.
Financial Bill (II) (Article 117(3))
1. Pertains to expenditure from Consolidated Fund, excluding money bill matters.
2. Can be introduced in either Lok Sabha or Rajya Sabha.
3. Requires President’s prior recommendation.
4. Needs Speaker’s explicit certification.
5. Both Houses have equal powers; can amend or reject.
Key differences:
1. Scope: Money Bills are narrowest, Financial Bill (I) broader, and Financial Bill (II) focuses on specific expenditures.
2. Introduction: Money Bill and Financial Bill (I) can only be introduced in Lok Sabha, whereas Financial Bill (II) can be introduced in either House.
3. Certification: Money Bill requires Speaker’s decision, Financial Bill (I) implicit Presidential approval, and Financial Bill (II) needs Speaker’s certification.
4. Rajya Sabha’s role: Weakest in Money Bills, moderate in Financial Bill (I), and Equal to that of Lok sabha in Financial Bill (II).

Correct Option: 1. Constitutional Amendment bill
Explanation : The Constitution has empowered the President to summon a Joint sitting of the two Houses to resolve a deadlock between the two over any issue. The provision of Joint sitting is applicable to ordinary bill and Financial bills only and not to Money bill (Article 110) or constitutional amendment bill. In case of money bill, Lok sabha has overriding powers, while the constitutional amendment bill must be passed by both the Houses separately.

Correct Option: 2. The Chairman of the Rajya Sabha
Explanation : The Chairman of the Rajya Sabha does not preside over a joint sitting as he is not a member of either House Parliament. He is the Vice President of India and ex-officio chairman of the Rajya Sabha. Generally the Speaker presides over a Joint sitting of the two Houses and the Deputy speaker in his absence. If the deputy speaker is also absent then the deputy chairman of the Rajya Sabha presides. If he is also absent, then such person as may be determined by the members present at the joint sitting, presides over the meeting.

Correct Option: 4. One tenth of the total members of the two Houses
Explanation : At least One tenth of the total members of the two Houses are required to constitute a joint sitting of the two Houses.

Correct Option: 2. The Joint sitting is governed by the Rules of procedure of the Rajya Sabha
Explanation : The Joint sitting is governed by the Rules of procedure of the Lok Sabha and not of Rajya Sabha .